Singapore economy

Singapore retail sales up 6.2% in March

SINGAPORE retail sales rose 6.2 per cent year on year in March, with a low base effect likely to boost April's figures as well, said economists.

Reverting to Phase 2 'unlikely to derail Singapore's recovery'

THE tightening of Covid-19 community measures is not likely to pose too large an obstacle to the ongoing recovery - as long as this does not last much longer than the planned duration of May 8 to...

Singapore's April PMI up again for 10th straight month

SINGAPORE'S manufacturers stayed optimistic in April, with the latest Purchasing Managers' Index (PMI) reading on Monday staying in expansion for the 10th straight month.

Optimism for next six months on the rise in Singapore's manufacturing, services sectors

BUSINESS optimism in Singapore's manufacturing and services sector continues to rise, with more firms seeing better conditions in the six months ahead, according to quarterly surveys released on...

2021 wage growth likely to be 'relatively muted': MAS

THIS year's wage growth is expected to remain "relatively muted", even though the pandemic-led increase in labour productivity is likely to be permanent, the April edition of the Macroeconomic...

World economy rebound on track; Singapore 2021 growth could exceed 6%

THE world economy is on track to pick up pace from the second quarter this year, while Singapore's full-year growth could exceed 6 per cent, according to April's Macroeconomic Review released on...

Singapore factory output expands 7.6% in March as electronics boom continues

SINGAPORE factory output expanded for the fifth straight month in March, growing by 7.6 per cent year on year as the electronics boom showed no signs of stopping.

Singaporeans' headline inflation expectations continue upwards: poll

HEADLINE inflation expectations have been recovering since September 2020, rising to 2.7 per cent in March's poll. This is according to the latest quarterly survey results of the Singapore Index...

Last year's low base will lift GDP figures; but sequential numbers can add perspective

THE upside surprise in the flash estimate of first-quarter growth bodes well for the full year, not least given that the low-base effect from Covid-19 has yet to register significantly - although...

Economists raise 2021 GDP forecast on better-than-expected Q1 data

SINGAPORE'S economy could perform better than initially expected this year, now that it has made marginal gains and defied expectations of a contraction in the first quarter, said economists, some...

15,000 traineeships and company attachment opportunities in pipeline

ABOUT 15,000 government-funded traineeship and company attachment opportunities are expected to come on stream in the coming months, but interest in such programmes may be ebbing as the labour...